spells in entrepreneurship versus wage employment, thereby accounting for selectivity into entrepreneurial positions based on …) constraints faced by entrepreneurs when optimizing the profitable employment of their education. Entrepreneurs have more personal … control over the profitable employment of their human capital than wage employees. …

return in industrial countries. The return varies, however, by gender, rural or urban residence, and the share of agriculture … in the economy. Furthermore, more educated workers typically end up in wage employment and prefer nonfarm … entrepreneurship to farming. The education effect that separates workers into self-employment and wage employment is stronger for women …

employment account for selectivity into entrepreneurial positions as determined by fixed individual characteristics. General …

employment account for selectivity into entrepreneurial positions as determined by fixed individual characteristics. General …